Mars Protocol — a perp and credit protocol on Neutron within the Cosmos ecosystem; features NFT-based Rover accounts for borrowing, margin trading, and leveraged yield farming with unified liquidation; backed by Delphi Labs.
Levana Perps — a multi-chain perp DEX on Osmosis, Sei, and Injective offering up to 30× leverage. Backed by Delphi Labs, Arrington XRP, and Dragonfly, it features isolated liquidity pools, pre-funded markets to prevent bad debt, and supports a wide range of assets.
